Near, Chainlink, Zcash and Ethereum test support levels as sellers dominate

Multiple major cryptocurrencies are facing critical support tests as market momentum cools and recent rallies fade. NEAR Protocol, Chainlink , Zcash and Ethereum have all seen price declines and are now trading close to key moving averages that could determine their short-term direction. NEAR Protocol, a smart contract blockchain network known for scalability and developer-friendly features, is experiencing a pullback after a strong rally. The price is currently around $4.43, retreating from an October high near $6.00. Despite multiple attempts, NEAR struggled to sustain levels above $5.00, with recent downward moves highlighting sellers’ control. Nonetheless, NEAR remains well above the $1.80 zone where it traded in early September, supporting an overall upward trend.

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